We have shifted our central scenario for the first RBA rate hike to be delivered in June 2022, from August 2022. Gareth Aird, Head of Australian Economics and Belinda Allen, Senior Economist discuss Governor Lowe’s comments last week that prompted us to pull forward the timing for the first increase in the cash rate. We also cover CBA’s inflation forecasts in this podcast. We continue to expect a gradual and shallow tightening cycle. The expiry profile of fixed rate mortgages feeds ...
We have shifted our central scenario for the first RBA rate hike to be delivered in June 2022, from August 2022. Gareth Aird, Head of Australian Economics and Belinda Allen, Senior Economist discuss Governor Lowe’s comments last week that prompted us to pull forward the timing for the first increase in the cash rate. We also cover CBA’s inflation forecasts in this podcast. We continue to expect a gradual and shallow tightening cycle. The expiry profile of fixed rate mortgages feeds into our view that the terminal rate is low.
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